PROFESSIONAL LEVEL QUIZ π
According to SS-1, if a Director participates in a Board Meeting through electronic mode, which of the following statements is NOT correct?
According to SS-1, if a Director participates in a Board Meeting through electronic mode, which of the following statements is NOT correct?
Anonymous Quiz
14%
A. The Director shall be counted for quorum
9%
B. The proceedings shall be recorded and preserved
63%
C. The location of the electronic participant is deemed to be the venue of the meeting
14%
D. The roll call must be recorded at the beginning and end of the meeting
π1
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FOUNDATION QUIZ
When the offeror revokes his offer before it is accepted, it is called:
When the offeror revokes his offer before it is accepted, it is called:
Anonymous Quiz
15%
(a) Counter-offer
23%
(b) Lapse of offer
55%
(c) Revocation
7%
(d) Rejection
π1
CSEET QUIZ
Which of the following agreements is expressly declared as void?
Which of the following agreements is expressly declared as void?
Anonymous Quiz
70%
(a) Agreement in restraint of trade
18%
(b) Agreement with lawful object
10%
(c) Agreement with consideration
3%
(d) Agreement in writing
π1
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INTER LEVEL QUIZ
Which of the following statements is INCORRECT regarding the "Certificate of Incorporation"? . .
Which of the following statements is INCORRECT regarding the "Certificate of Incorporation"? . .
Anonymous Quiz
21%
a) It is conclusive evidence that the company has been duly registered
19%
b) It serves as proof of legal existence of the company
28%
c) It can be challenged in a court of law if obtained by fraud. .
31%
d) It allows the company to commence business automatically
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EXECUTIVE LEVEL QUIZ
In case of a One Person Company (OPC), the mandatory conversion to a private company is required if its paid-up share capital exceeds:
In case of a One Person Company (OPC), the mandatory conversion to a private company is required if its paid-up share capital exceeds:
Anonymous Quiz
23%
a) βΉ25 lakhs
31%
b) βΉ50 lakhs
30%
c) βΉ1 crore
16%
d) βΉ2 crores
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PROFESSIONAL LEVEL QUIZ π
Under Section 230 of the Companies Act, 2013, the National Company Law Tribunal (NCLT) may refuse to sanction a scheme of compromise or arrangement if:
Under Section 230 of the Companies Act, 2013, the National Company Law Tribunal (NCLT) may refuse to sanction a scheme of compromise or arrangement if:
Anonymous Quiz
18%
The scheme has not been approved by SEBI in case of a listed company.
37%
The scheme affects the rights of any secured creditor without their written consent.
35%
The scheme is not in public interest or has elements of unfairness or fraud.
10%
The scheme does not offer a 100% payout to all classes of creditors.
π1
FINAL LEVEL QUIZ π
In case of a compromise or arrangement involving a cross-border merger under Section 234 of the Companies Act, 2013, which of the following is not a requirement?
In case of a compromise or arrangement involving a cross-border merger under Section 234 of the Companies Act, 2013, which of the following is not a requirement?
Anonymous Quiz
20%
Approval by RBI through a prior approval route.
15%
Compliance with FEMA regulations.
39%
The foreign company must be incorporated in a jurisdiction notified by the Central Government.
25%
Filing of the scheme directly with SEBI for approval even if the company is unlisted.
π1
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